Dilong

[RedRhino]

Based on what happened to the USDCAD account , can we assume that this USDCHF is no different? -

https://www.myfxbook.com/members/MohitVS/jiaolong/1888354

https://www.simpletrader.net/signal/6861/Low-Risk-USDCHF.html

USDCAD system - http://www.myfxbook.com/members/Mohi...calper/1888353

The words Low risk are normally the first RED FLAG , the second RED FLAG would be that the accounts are sponsored via c7 brokerage which means it is not the trader's risk capital but internal funds at the brokerage. If it is internal funds at the brokerage, who says that its real money in the first place?

[MarioDraghi]

Are you seriously trying to shift the blame onto me for losing more money than I allow myself to? Is that seriously what's happening.
You hide real DD stastictics, they are incorrectly displayed on both myfxbook and simpletrader when clearly that has been a period of 26% dd, I apply my risk to your profile according to what is displayed which at the time was around 4% on simpletrader, then you lose a bunch of money with some seriously wreckless trading, opening up a trade for 1.48 which is 148 times the original trade of 0.01, that's worse than martingale for gods sake.

Next time I sell something, my car for example, i am going to say it has a top speed of 200mph, but when the new owner finds it's only got top speed of 120mph, I shall blame it on them regardless of my lies to sell the car.

These guys are liars & they came to the wrong place at the right time. Now they have the attention of some people who are going audit them.

[deankenny]

Are you seriously trying to shift the blame onto me for losing more money than I allow myself to? Is that seriously what's happening.
You hide real DD stastictics, they are incorrectly displayed on both myfxbook and simpletrader when clearly that has been a period of 26% dd, I apply my risk to your profile according to what is displayed which at the time was around 4% on simpletrader, then you lose a bunch of money with some seriously wreckless trading, opening up a trade for 1.48 which is 148 times the original trade of 0.01, that's worse than martingale for gods sake.

Next time I sell something, my car for example, i am going to say it has a top speed of 200mph, but when the new owner finds it's only got top speed of 120mph, I shall blame it on them regardless of my lies to sell the car.

[MarioDraghi]

Hello Traders

Please find our explanation on how our Signal Providers program works.

1. Firstly, we acquire Signal Providers across various platforms, including SimpleTrader.

2. Next, we request their historical data to ascertain their credibility and performance.

3. Once we are confident, we will sponsor a live account. At the start, there is typically no performance fee sharing from the sponsored account (Unless strategies are really outstanding). Signal Providers get their performance fee from followers initially. The account is either 5K or 10K as this is the standard offering of our investment product.

4. Moving forward, they will run their strategies for a few months. If they perform well, they will be featured on our website- https://www.c7traders.com/investment/. Contracts will be issued at this stage.

5. Featured accounts have a hard stop of 20% while non featured accounts do not.

6. When the Company gains greater confidence of the strategies, we will allocate additional Company funds and discuss performance fee sharing from the Company account. However, this is an extremely stringent process. Till date, we have allocated 2-3 USD million to only two Signal Providers on our platform.

We trust the above clarifies. Please leave comments regarding broker to https://www.forexsignals.com/forum/f...6256-c7traders for quicker response.

LOL im sure to you that sounds very good but to someone who knows the game it sounds shady as shady can be.

[C7Traders]

Hello Traders

Please find our explanation on how our Signal Providers program works.

1. Firstly, we acquire Signal Providers across various platforms, including SimpleTrader.

2. Next, we request their historical data to ascertain their credibility and performance.

3. Once we are confident, we will sponsor a live account. At the start, there is typically no performance fee sharing from the sponsored account (Unless strategies are really outstanding). Signal Providers get their performance fee from followers initially. The account is either 5K or 10K as this is the standard offering of our investment product.

4. Moving forward, they will run their strategies for a few months. If they perform well, they will be featured on our website- https://www.c7traders.com/investment/. Contracts will be issued at this stage.

5. Featured accounts have a hard stop of 20% while non featured accounts do not.

6. When the Company gains greater confidence of the strategies, we will allocate additional Company funds and discuss performance fee sharing from the Company account. However, this is an extremely stringent process. Till date, we have allocated 2-3 USD million to only two Signal Providers on our platform.

We trust the above clarifies. Please leave comments regarding broker to https://www.forexsignals.com/forum/f...6256-c7traders for quicker response.

[MarioDraghi]

I will summarize my final points here. I think it is pointless to continue debating about the topic when everyone has different views. I am a trader and I will let my results do the talk. I came to clarify, not to win the war of words. I am ending the topic with this note.

1. On the topic of whether my results are manipulated > NO (Since NO trades can be discovered by anyone that is not an actual market fill).

2. On the topic of whether I manipulated the results on SimpleTrader/Myfxbook > NO (Since NO manipulated trades are found, there is no way to tweak the data; D.Ds is calculated in an independent manner)

3. On the topic of false advertising > NO (Since my view of my historical D.D is based on my current risk setting, that's why I insisted its around 6% range, but yes if you are talking about day 1, the highest it went to was 20%, which I have advised my clients as well through PMs)

On broker's accounts, please ask them directly.

Good luck.

[oportunis]

You can manipulate DD by unplugging myfxbook when you are in DD as Nick posted... Furthermore, your persistence in not showing your "several" mt4 accounts with the same system shows you are hiding something. I pointed out how you can solve this problem, just show different accounts you have and you will prove to everyone that you are independent of C7. By not doing so means either you don't have them or you are hiding something in the performance history or you are a part of C7...

[Dilong]

I will summarize my final points here. I think it is pointless to continue debating about the topic when everyone has different views. I am a trader and I will let my results do the talk. I came to clarify, not to win the war of words. I am ending the topic with this note.

1. On the topic of whether my results are manipulated > NO (Since NO trades can be discovered by anyone that is not an actual market fill).

2. On the topic of whether I manipulated the results on SimpleTrader/Myfxbook > NO (Since NO manipulated trades are found, there is no way to tweak the data; D.Ds is calculated in an independent manner)

3. On the topic of false advertising > NO (Since my view of my historical D.D is based on my current risk setting, that's why I insisted its around 6% range, but yes if you are talking about day 1, the highest it went to was 20%, which I have advised my clients as well through PMs)

On broker's accounts, please ask them directly.

[MarioDraghi]

Thank you for confirming I am not the only one who thinks these are demo accounts what they are hosting without any kind of contract with the trader.

[neoxis]

Dilong,

Can you please confirm you own this live account?

This all smells fishy....

C7 traders gift "live" $5,000 accounts to signal providers to have their strategies listed on their site. I know because we've been given a couple to trial SteadyCapture and Goldstar with. I didn't even need to sign an application form in order to get it.

I also note that your name listed on your SimpleTrader profile (only visible to admins) is "Traderc7 Fund Manager". Why have you hidden your real name?

From what I understand, you're also hiding your real drawdown by repeatedly disconnecting your account from Myfxbook.

3 HUGE red flags.

Can you please address the first question and verify that you own this account and it's your money? You can send us the details directly to support@simpletrader.net

Ok since now also Nick confirming this. I think i can talk.
The same was for me it was given me an account of 10k dollars to trade so easily for become a signal provider in their network with the diciture "Real server" but actually i had several doubts that was real since it wasn't possible to get commission from it and i decided to left the account and to not continue to trade.
Now i don't have the proof than that account was fake but i have some dealers friends working in regulated brokers and they told me is technically possible to rename a Demo account into a Real one to not trade in real market with real funds. Doing that they wouldn't risk any cent since is just all a simulation which means not being affected on slippage or lack in liquidity market and i also believe is possible to hide or "modify" many stats since the accounts are given by the broker with their "funds". Another factor why i think they are all not even real is because i see all these accounts working for c7traders starting all with the same deposit which is 10k dollars which was the same as mine. Just a coincidence?
Now saying that is really difficult to get unquestioned evidence since only the broker can manipulate that and there is no way to get a proof of that apart the staff working in c7traders but i can assure you is completely possible to let pass demo or cent account masked as "Real-Server".
Obviously a broker regulated with serious regulations cannot do that or it will get serious trouble and heavy fines also there is no advantage to do such a shady thing.
But this broker has Vanuatu regulation and this says already a lot.
Anyway this was just my personal experience with them and i don't have any sure proof that these or my account were real or not but i strongly suspect that can be a reality.

[MarioDraghi]

well my apologies then. but you still went past the dd if 26% was the last one. so i gotta deduct some points anyway.

and it's still shady since your dd isnt picked up by simpletrader. sorry it just is.

He did not tell people his DD was over 20%. Look closely to his response: http://icecream.me/25adc0ba68e6ba0ff299929d46947a88

and here you can see when his DD was changed to 20% in simpletrader, he claimed it to be a mistake and that simpletrader will fix it http://icecream.me/54e3d6244016d31ea1c65c4158dfb5b4
<--- Read his whole response there and look at the high lights.

Also nick... from what you described it sounds like the broker gave you demo money on a server that has been renamed "Live" which is something unregulated brokers in Vanuatu can do.
That's probably the reason why they just throw "money" at people without having to sign anything because well that's how demo accounts work. I don't have any proof of them doing this but I know brokers can do it and they own all of the "C7" accounts on simpletrader.

[oportunis]

Easy if you ran several accounts just send myfxbook links here so we can verify. This will be a huge benefit for you.

What I meant by master is, that you had to have one account from which you showed the system performance to C7 and prooved them your system is worth investing in. We currently see only one mt4 and that is proprety of C7, which is not credible enough...

[Sehter]

well my apologies then. but you still went past the dd if 26% was the last one. so i gotta deduct some points anyway.

and it's still shady since your dd isnt picked up by simpletrader. sorry it just is.

[Dilong]

@Sehter

https://ibb.co/cGzowa

https://ibb.co/hQnaba

If you just scrolled to the past previous posts, this has already been discussed. Additional reminders have been given to copiers if they checked with me, other than telling them to blindly follow the stats.

So to remind you, yes, that's already been done.

@oportunis

Like I told you, I trade for so many brokers and so I run EA directly into the investors MAM account. All these accounts are real master accounts. I do not understand what you are looking for. There is no single master account since I run EA directly inside and not copying script.

I don't understand what you are looking for. First, you ask me for other brokers account to ask me to showcase the performance of my strategy to show the soundness of my strategy. Now, you are asking me to show other brokers account to show I do not work in C 7 Traders??? This don't make any sense at all. You know that? I can give you even an investor password to some of my other brokers account but I don't think it ends the discussion here, I'm sure. You reckon?

[oportunis]

Also you avoid showing your real master account... C7 trading account is not yours and you cannot get commissions out of it, but only from the followers, which is a red flag. To show you are independant from C7 and not an employee we need a proof of independant system. You must have had a working system before you went with C7...